Company:Manufacture Modules Technologies

From HandWiki
Manufacture Modules Technologies (MMT)
TypeSARL
IndustryWireless, Life Sciences, Biotech, Horology
Founded2015
HeadquartersGeneva
Key people
Philippe Fraboulet, CEO
Websitewww.mmt.ch

Manufacture Modules Technologies Sarl (MMT) is a Swiss company established in Geneva in 2015 which originally specialised in the development and commercialization of "Horological Smartwatch modules", firmware, apps and cloud. Located at Geneva's Skylab high-tech hub, it expanded into the development and manufacturing of "E-Straps" operated with a mobile application.[1]

Philippe Fraboulet is the CEO.[2]

History

In June 2015, Fullpower Technologies and Union Horlogère Suisse (Swiss Watchmakers Corporation) formed MMT as a joint venture, which then launched the MotionX Horological Smartwatch Open Platform for the Swiss watch industry.[3] The initial licensees were Frederique Constant, Alpina and Mondaine, brands owned by Union Horlogère Suisse.[4] Fullpower created and managed the circuit design, firmware, smartphone applications (including sleep activity), as well as the cloud Infrastructure. MMT managed the Swiss watch movement development and production as well as licensing and support.[5][6]

In July 2016, Union Horlogere Holding and MMT were spun-out of the Frédérique Constant Group.[7]

Fullpower Technologies' 19.99% share was acquired by Union Horlogere Holding BV, giving it 100% of MMT's shares.[8]

Business

The company offers firmware, a cloud, manufacturing, service and over-the-air facilities for upgrades. The company also offers its own apps, which bear the label “Swiss Made software”.[9]

References

  1. Swissmade Software (February 27, 2015). "Manufacture Modules et Technologies Sarl". Swissmade Software. https://www.swissmadesoftware.org/en/companies/manufacture-modules-et-technologies-sarl/home.html. 
  2. Stephen Pulvirent (September 8, 2016). "Business News MMT Spins Off From Frederique Constant As Its Own Combination Smartwatch/Software Company". https://www.hodinkee.com/articles/mmt-spin-off-independent-company. 
  3. "Introducing the smart strap". 2015-06-04. https://www.ft.com/content/9a38f1ce-e424-11e4-9039-00144feab7de. 
  4. Stephen Pulvirent (February 26, 2015). "The Swiss Have Finally Started Making Luxury Smartwatches". Bloomberg. https://www.bloomberg.com/news/articles/2015-02-27/the-swiss-have-finally-started-making-luxury-smartwatches. 
  5. Sarah Mitroff (February 26, 2015). "Swiss watches are getting smart without sacrificing style". CNET. http://www.cnet.com/news/swiss-watches-are-getting-smart-without-sacrificing-style/. 
  6. Paul Lamkin (March 19, 2015). "Tag Heuer Signals Start Of Swiss Smartwatch Revolution". Forbes. https://www.forbes.com/sites/paullamkin/2015/03/19/tag-heuer-signals-start-of-swiss-smartwatch-revolution//. 
  7. Stephen Pulvirent (September 7, 2016). "MMT Spins Off From Frederique Constant". Hodinkee. http://www.hodinkee.com/articles/mmt-spin-off-independent-company. 
  8. Chamber of Commerce (September 8, 2016). "Extract MMT". http://ge.ch/hrcintapp/externalCompanyReport.action?companyOfsUid=CHE-483.454.783&lang=FR. 
  9. "MMT Swiss Connect Anything Apple can do…". September 8, 2016. http://en.worldtempus.com/article/industry-news/mmt-swiss-connect-anything-apple-can-do-2456126.